With Market Size Valued at $41.8 Billion by 2026, it`s a Stable Outlook for the Global Instant Coffee Market

SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Instant Coffee - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1902
Companies: 474 - Players covered include Jacobs Douwe Egberts B.V.; Nestec, Inc.; Starbucks Corporation; The J.M. Smucker Company; The Kraft Heinz Company and Others.
Coverage: All major geographies and key segments
Segments: Segment (Spray-dried, Freeze-dried)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Instant Coffee Market to Reach $41.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Instant Coffee estimated at US$34 Billion in the year 2020, is projected to reach a revised size of US$41.8 Billion by 2026, growing at a CAGR of 3.5% over the analysis period. Spray-dried, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$30.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Freeze-dried segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $9.4 Billion in 2021, While China is Forecast to Reach $8.5 Billion by 2026
The Instant Coffee market in the U.S. is estimated at US$9.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.5 Billion by the year 2026 trailing a CAGR of 6.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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